Tips on How to Get the Highest Appraisal Rate + My First Sangla Experience at Cebuana Lhuillier

Morning, mga momshies!

Are you looking for ways to get extra cash? Need quick cash? Well, there's no need to look further than your own hands or jewelry box. If you have a nice, authentic piece of jewelry or other valuable items like gadgets and designer bags, then chances are you will be able to pawn it a trusted pawnshop.

There's really no need to be ashamed of pawning, mga momsh! There are some realities in life that we need to consider and trust me, you can't run away from Bill and Judith aka Due Date.


With so many bills to pay (water, electric, Internet, phone, car, house, gym membership, etc.), paying your monthly bills especially kapag sabay sabay na sila dumating, is no easy feat. Whether you're a working student or a mom who runs out of budget and needs to pay for her child's tuition, you may consider pawning some of your old items in a pawnshop that guarantees fair and accurate appraisal for your items.


You may have already noticed, but with the holiday season quickly approaching, super daming gastos, besh! With that being said, I’ve already started planning every single thing I’ll be spending on for the next few months, and I thought of pawning my jewelry so I can pay the bills and be able to send my father's monthly allowance for his medicines.

Going to a pawn shop is not an embarrassing thing to do as it’s just another "legit" way to get quick cash. You’re not doing anything illegal, and not stealing money from anyone. Plus, this will help prevent the need to use your credit card or borrowing money from someone (Read: yung mabaon ka sa utang and be a walking debt) which is the worst case scenario.

So if you find yourself in need of quick cash and you're thinking of pawning an item, you’ve come to the right place. To make the process as easy and stress-free as possible, scroll down to see some tips on how you can get the highest appraisal rate.

1. Make sure your item is in excellent condition to get the most value, especially if you're pawning electronics and gadgets like game console, digital camera, tablet, laptop, and smartphone.

2. Check the item's value. Take into consideration the depreciation of the item over the duration of the loan. The very first thing that comes into my mind when I think of the most commonly pawned and highly valued items is, of course, jewelry. The good news is pawnshops seldom turn down a precious gem. You can have your rings, necklaces, and earrings weighted and appraised in just a few minutes.


3. Go for Gold!

If you want to pawn your jewelry, gold is your best choice. Also, it's a worthy investment and it can provide a reliable fallback option in times of emergency or financial crisis as you could easily pawn it. Pang-laban yan sa inflation, besh, because its price or value tends to rise when the cost of living increases.

 4. Go pawnshop hopping.

Yasss! That's what you need to do if you want to find out the pawnshop that would provide you with the most honest and highest appraisal possible. I went to 3 different pawnshops (usually magkakatabi lang sila) and hindi naman masama magtanong. You can ask if you could have your item appraised and if the answer is yes, you can get a free estimate in seconds. And yes, if you don't like the appraised value, you can always walk away if you want to. Walk away and move on lang. Ganern.


I asked for my jewelry to be appraised in 3 different pawnshops. And guess what? Cebuana Lhuillier has the highest appraisal rate. The first two pawnshops gave me a much lower appraisal rate than expected, P8000+ lang compared to Cebuana Lhuilier's Php11000+. Ang laki ng difference di ba? So of course, I chose the one with the highest appraisal rate para mas malaki ang take home pay ko!


 My First Sangla Experience at Cebuana Lhuillier

I've been to a Cebuana Lhuillier branch a lot of times because that's where I pay our mothly bills and send money to my father for his meds, but it was my first time to try pawning a jewelry. After visiting 3 pawnshops, I decided to give Cebuana Lhuiller a go because they gave me the highest appraisal rate.


I filled out the client information sheet and presented one valid ID, which is my passport. Then, the appraiser placed my jewelry in a sealed plastic with my signature affixed on it. I'm confident that my jewelry is safe with Cebuana Lhuillier. Unlike selling it and other options, pawnshops would require you to leave behind a valuable item, may it be jewelry, a gadget, etc., after which, the pawnshop will hold onto that item. Only after the loaned amount has been paid in full could you get your valuables back.


The pawnbroker counted and handed me the cash and the receipt. She also explained the maturity date, the expiry of redemption, and the payment of interest.



Also, I like that Cebuana Lhuiller branches are situated within re-enforced establishments, offering a safe place for us to transact with them. They are well-secured  (with CCTV cameras, security guards, etc.) and adhere to the law and regulation of proper pawning business practices. You wouldn’t have to worry about scams and unfair deals, just as long as you transact within the premises, and with their well-ID’ed and uniformed personnel.

Overall, I had a super fast, easy and secure transaction at Cebuana Lhuillier. With their Pawning Service you can never go short in any amount, as they accept an array of items, from jewelry to gadgets, as collaterals. They also lead the pawning industry by offering safety and the highest appraisal rate in the industry with its close to 2,500 branches nationwide.

So for times you need a few extra cash, Cebuana Lhuillier has got your back! Just head over to your nearest Cebuana Lhuillier branch, momsh!  And if you are curious to know more about pawning, just visit their website: www.cebuanalhuillier.com/pawning/.